#BTCUPDATE - 26.7.21 DAYUM AMAZON
What a pump - this is exactly what we needed after this long bearish consolidation.
We are still operating in the longer time frame range of 30k - 40k and would not be considered a bullish market until trading above 40k imo - although this is a good foothold towards it.
We have met our first key resistance at the 200 DEMA - breaking this could send it to 40k quite quickly.
I personally feel that with the sentiment of the market, news and current volume coming in that 40k will be crushed and the 41.3k is going to be the real wall to break.
My play on BTC is expecting a little retrace to 38k/37.5k and then bounce to test 40k.
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